The “Pricing” of Bitcoin vs. Gold Is Meant to Herd the Masses

Based on core global economic fundamentals, the gold price should be well north of $10,000 an ounce. Yet because gold is rare, is hoarded by governments and very wealthy, very private plutocrats, because it is intimately related to the value of interest rates and the perception of paper currencies themselves, its price is tactically suppressed. Meanwhile, Bitcoin - a purposeful distraction from gold - is, in turn, strategically run up to $10,000 at an unprecedented pace, quite possibly by the Deep State’s financial and technological arms, in part so that you feel like you're 'missing out'.

In this latest episode of Money and Fear, we’ll review the power that the pricing of each particular asset class has over the minds of investors and savers, alongside the praise or admonitions issued by banks and pundits which are issued in wider efforts to mold public perceptions of both cryptocurrencies and precious metals. Tons of data and citations in this show so that you can be armed with knowledge against the urgently assigned hype. So that you can think about money with some historical sobriety. If you’re not a Newsbud member yet, please sign up, tune in and spread the news…

Do you think that silver and gold will ever reach their true market value ‘price’? If so, what do you think would precipitate it, and do you have any sense of timing? Or, do you think Bitcoin and other digital currencies will succeed in ‘replacing’ gold and silver as money, and keep the precious metals prices forever suppressed?

“Do you think that silver and gold will ever reach their true market value ‘price’?”

I don’t think so as long as they are purely US dollar denominated, as it’d ‘crash the dollar overnight’. Part of the point of not allowing $10K+ gold and/or $100+ silver … is to protect the perceived value of the USD, as well as of the perceived sanctity of the Fed’s interest rate setting mechanism. However, were there to be a formal returning to a new variant of the Gold Standard, then there’d be a necessary “price” resetting, coupled presumably with outright confiscation of gold a la 1933 from the public.

It would be precipitated by a Dollar Crisis, which is inevitable, yet *because* it is, the transatlantic banking establishment are ‘transitioning’ toward a ‘soft landing’ via possibly digitized/blockchain’d currency through the IMF’s Special Drawing Rights platform. Timing is hard to tell. Could be as soon as next year, or some time over the next few years, unless an unprecedented conflict or catastrophe ‘sped things up’.

“Events, dear boy, events.” – Harold Macmillan

Physical precious metals are deemed too dangerous to be allowed to be accumulated by ‘unfriendly regimes’, per said establishment. Let alone by common folk in each nation, who are increasingly mesmerized over Bitcoin, kicking themselves for ‘not getting in sooner’… [sentiments clearly designed & conditioned].

One World Monetary Order, run off the blockchain and integrated with the future Internet of Things. All of the cryptocurrency hype, coupled with gradually doing away with physical cash, are part & parcel of constructing said horizon.

Said vision will expedite the wider planned global political and economic integrations. I.E. All commerce and audit-able human energy expenditure is meant to be digitally traceable.

Extremely interesting. Why don’t you mention GATA, one of the best sources of information on gold and silver manipulation? Catherine Austin-Fitts argues that the banking-financial cabal is promoting the Bitcoin hype in order to galvanise research and development in blockchain technology without actually having to pay for it with the intention then of taking over the now precarious and chaotic infrastructure after it has been honed to perfection. Do you agree? Another question: If there is a reset to a gold or semi-gold standard for the IMF basket of currencies and issuance of SDRs, would the immense gold reserves in Grand Canyon then place the USA at an unassailable advantage?

The manipulation of the precious metals markets is done via bullion paper contracts and especially futures markets like the CME. One only needs to look at the volumes to realize what a disgusting distortion it is and how this has allowed i.e. the BRICS nations to accumulate large quantities of physical gold and silver over a long period of time. With this in mind it is obvious why both CBOE and CME started Bitcoin futures markets recently totally decoupled from the traded asset and only settled in USD. The goal is to try to manipulate the price in the same way as with gold and silver. This time however I think they have bitten off too much to swallow as the Bitcoin market is global and an even better hedge against the dollar since it is truly decentralized and decoupled from any direct control or legislation. Sure national governments can introduce laws as they see fit and many have, but it does not affect Bitcoin nor it’s blockchain and this is precisely why it was designed in the first place.

Many newbies in the cryptocurrency space do not understand this and are chasing returns only but with time understanding will increase. Just recently a large number of people seem to have converted Bitcoin (BTC) into BitcoinCash (BCH) after the largest US exchange Coinbase started with BCH. The larger block size and faster transaction times are stated as an improvement but what is not mentioned is the fundamental difference in governance, Bitcoin does not have any person of people calling the shots and that is something ordinary cryptonites will learn with time.

To a lot of us outside the US it is very clear that there is no intention within the US leadership to actually try to save the US Dollar through sound economic and monetary policy. It looks as if they have already thrown in the towel and are now only riding the last wave of currency exuberance until the wheels come off for good. The arrogance and disregard for ordinary citizens lives is truly appalling to witness.

For all out there who believe that Bitcoin is some kind of psychological Op need to look at the design of it before you believe such statements. It is the antidote to central control and power which is often used to liken it to the sign of the beast or chip. Whenever governments start issuing their own ‘centralized’ cryptocurrencies I urge everyone to stay vigilant and alert because that is what Catherine and others are really talking about without perhaps realizing it.